Author: Jeremy Ryan

Ethena officially kicked off its USDe yield reserve expansion to RWA (real-world asset) basis trading on Friday on the Binance exchange.  In a statement, the protocol said the move into equity or RWA perps was the – Most exciting update to the USDe collateral backing since launch. The team first announced final plans for the RWA perps expansion last month, noting that it offers a massive scaling opportunity of +$150T compared to crypto’s $2.5T.  As part of the arrangement, Ethena will use Binance’s bStocks (Spot tokenized stocks and ETFs) and the USDT-denominated perps versions for both sides of the trade.…

Bitcoin [BTC] has been oscillating around $83k-$85k since the price dipped into this area on Wednesday, the 23rd of September. The 4-day consolidation came after a strong push from $76k to $87k last week. Such compression in volatility generally indicates another strong move was building up. Where will the next impulse move go? Here are some clues on whether swing traders and investors expect a deeper retracement or a bullish continuation. Uptober aligns with Bitcoin’s regime shift In a post on X, popular crypto analyst Ali Martinez pointed out that October has been a historically bullish month. Out of the…

After making a comeback by adding more Bitcoin [BTC] to its treasury, Michael Saylor’s Strategy is proposing to change how dividends are accrued and paid on its preferred securities—STRF, STRC, STRK, and STRD. With this change, Strategy wants to move from monthly, semi-monthly, or quarterly dividend schedules to a system where the dividend accrues every calendar day, including Saturdays, Sundays, and U.S. market holidays. The accumulated amount would then be paid on the next business day, which Strategy refers to as the next evolution of its “digital credit” products. What is this proposal all about? Additionally, the proposal aims to…

The broader DeFi presence around AAVE strengthened as founder Stani Kulechov supplied another $4.77 million in AAVE liquidity to the Uniswap decentralized exchange. This supply introduced deeper market liquidity as AAVE continued recovering from its June local low around the $58 demand zone. Beyond Kulechov’s liquidity deployment, another development reinforced the ecosystem outlook. Reportedly, tokenized commodities deposited across DeFi reached $133.3 million, with Aave holding $51.3 million across V2, V3, and V4. Combined, Aave and Uniswap represented around 86% of those reported tokenized commodity deposits. The concentration reflected Aave’s expanding role as tokenized real-world assets continued expanding across the decentralized…

Strive, the fifth-largest Bitcoin treasury, has put forth a strong and critical case against MSCI’s proposal to axe crypto treasuries from the global index.  In its feedback on the proposal, Strive acknowledged the 2026 framework as a “material improvement” over the 2025 one (which directly targeted crypto treasuries for exclusion).  The current proposal asks a better question: when does a public corporation cease to be an operating company and become, in economic substance, an investment vehicle? We think MSCI is now asking the right question but has yet to supply a rule capable of answering it. However, Strive asked MSCI…

TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled to return in stages beginning with Bitcoin on September 28 and continuing through October 2. Bitget has published a substantial update on this week’s security breach, increasing the confirmed amount transferred to attacker-controlled wallets and laying out a timetable for restoring withdrawals. The exchange now puts the affected assets at approximately $387.5 million, up from its initial estimate of $351.6 million. Bitget says the change reflects…

SUI token saw a daily price gain of 16.59% as trading activity nearly doubled, while robust network utility added substance to the price recovery move. Specifically, the token’s trading volume expanded 94.28% to $1.73 billion, almost doubling alongside the price advance. Notably, the rally attracted substantially greater market participation than the previous session. This trading activity expansion also reinforced the relevance of SUI’s price rebound from its wider declining technical structure. SUI therefore drew significantly more capital turnover as prices recovered rather than advancing on thin activity. The price appreciation, however, still approached a crucial technical zone after its rapid…

Crypto projects spent about $638 million with token buybacks through late August 2026, according to Allium Labs data.That is already a record, up from $545 million over the same stretch of 2025. Hyperliquid accounted for roughly $370 million and Pump.fun for about $200 million, together close to 90% of the total.On Sept. 25, staff at the Securities and Exchange Commission (SEC) addressed the legal tension that has shadowed those programs since they began. The more openly a project ties its token to business returns, the easier it becomes to argue that holders are investing in a security.What SEC staff saidThe…

In 2021, Christie’s sold a Beeple $NFT for $69.35 million, and Sotheby’s took another $24.40 million for 101 Bored Ape Yacht Club NFTs, giving cartoon primates the kind of auction-house treatment usually reserved for Fabergé eggs. But now, not five years later, one of the marketplaces that helped sell the digital art revolution is explaining how customers could take their belongings with them when it closed. Nifty Gateway, the $NFT marketplace owned by crypto exchange Gemini, announced its closure in January as its parent decided to concentrate on its primary financial app. The exit arrangements included plans for a bulk…

Bitcoin has rallied 45% to $87K from July’s low of $57.8K. Despite briefly slipping back to $84K this week, Fidelity believes there was a higher chance of hitting $100K.  Notably, the asset manager accurately called the $60K bottom and the end of Bitcoin winter. Now, Fidelity’s Head of Global Macro Jurrien Timmer is back with an even bolder projection: BTC can hit as high as $300K this cycle. But first, this overhead obstacle must be cleared.  Bitcoin’s path to $100K-$300K According to Timmer, BTC was close to forming a double bottom pattern (the W-formation) on the weekly charts. Timmer said…